We are in a new era of the market where stocks only go up and the VIX remains suppressed. It doesn't matter the news or what happens, the market is predetermined to keep going up with very minor pullbacks along the way. but each one gets a V recovery and goes much higher. if you don't believe me and think I am being disingenuous look at the price action not only this week, but all of 2023. Being red or any sharp red candle just forces and fuels this thing higher. No drop is sustainable. The market can't handle any drop and must go up to fix this.
There have been countless posts of the drop is coming, it can't last forever, etc... Here is the thing any red or drop is the part that is unsustainable. This market is so unstoppable, that absolutely nothing on the face of this earth can change it.
There have been countless posts of the drop is coming, it can't last forever, etc... Here is the thing any red or drop is the part that is unsustainable. This market is so unstoppable, that absolutely nothing on the face of this earth can change it.
